CBA on the data due from Australia today (CBA nails it here)
Due at 0130GMT, Private Sector Credit for August
– expected 0.5% m/m, prior 0.5%
– expected 5.5% y/y, prior 5.3%
Here is what CBA say:
Tee hee …. yep.
Lest the private sector credit data is feeling a little sad by this attitude, let me add …. Yes, it is relevant data – its good info, especially when looking at